STOCK TITAN

Pinterest CBO has 63,826 shares withheld for tax

Pinterest’s chief business officer had shares withheld to cover taxes on RSU vesting, leaving over 1.1 million shares still held.

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PINTEREST, INC. (PINS) reports that Chief Business Officer Claude Leonard Brown had 63,826 shares of Class A Common Stock withheld on September 20, 2026 to pay income tax obligations tied to the vesting and net settlement of previously reported restricted stock units (RSUs). The filing states this was a tax-withholding disposition, not an open-market trade, and no Rule 10b5-1 plan is reported. Following this transaction, Brown directly holds 1,143,008 shares of Class A Common Stock, which the company notes includes RSUs subject to vesting conditions.

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Insights

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Insider Brown Claude Leonard
Role Chief Business Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1, F2 63,826 $18.60 $1.19M
Holdings After Transaction: Class A Common Stock — 1,143,008 shares (Direct)
Footnotes (2)
  1. F1. Represents shares of Class A Common Stock that have been withheld by the Company to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units ("RSUs").
  2. F2. Includes RSUs subject to vesting conditions.
Shares withheld for tax 63,826 shares Class A Common Stock withheld on September 20, 2026 for income tax obligations on RSU vesting
Withholding price per share $18.60 per share Price applied to the 63,826 shares withheld to satisfy tax obligations
Shares held after transaction 1,143,008 shares Direct Class A Common Stock holdings following the September 20, 2026 transaction, including RSUs subject to vesting
Tax-withholding disposition shares 63,826 shares Shares delivered or withheld for payment of income tax liability as described in the Form 4
restricted stock units ("RSUs") financial
"in connection with the vesting and net settlement of previously reported restricted stock units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
income tax withholding financial
"withheld by the Company to satisfy income tax withholding and remittance obligations"
net settlement financial
"in connection with the vesting and net settlement of previously reported restricted stock units"
tax-withholding disposition financial
"the transaction is characterized as a tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did Pinterest (PINS) report for Chief Business Officer Claude Leonard Brown?

Pinterest reported that 63,826 Class A shares were withheld on September 20, 2026 to pay income tax withholding and remittance obligations arising from the vesting and net settlement of previously reported RSUs, characterized as a tax-withholding disposition rather than an open-market sale.

At what price were the PINS shares withheld in this Form 4 transaction?

The shares were withheld at a price of $18.60 per share. This price applies to the 63,826 Class A Common Stock shares delivered or withheld to satisfy income tax withholding and remittance obligations associated with the vesting of restricted stock units.

How many Pinterest (PINS) shares does Claude Leonard Brown hold after this tax-withholding event?

After the reported transaction, Claude Leonard Brown directly holds 1,143,008 shares of Pinterest Class A Common Stock. The company indicates that this total includes RSUs subject to vesting conditions as referenced in the related footnote.

Was the Pinterest (PINS) Form 4 transaction made under a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported for this transaction. The disposition reflects shares withheld by the company to cover income tax obligations from RSU vesting, not trades executed under a pre-arranged trading program.

Does this PINS Form 4 indicate an open-market sale by the executive?

No. The Form 4 describes a tax-withholding disposition, where 63,826 shares were withheld by Pinterest to satisfy income tax withholding and remittance obligations tied to RSU vesting. It does not report any open-market purchase or sale transaction by the executive.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Brown Claude Leonard

(Last)(First)(Middle)
C/O PINTEREST, INC.
651 BRANNAN STREET

(Street)
SAN FRANCISCO CALIFORNIA 94107

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PINTEREST, INC. [ PINS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Business Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock09/20/2026F63,826(1)D$18.61,143,008(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of Class A Common Stock that have been withheld by the Company to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units ("RSUs").
2. Includes RSUs subject to vesting conditions.
Remarks:
Jacquie Katzel, Attorney-in-Fact09/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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